This question is asked by most friends who buy a house in the United States for the first time. Today, we will seriously talk about the loan problem of buying a house in the United States. Why buy a house with a loan? What are the benefits? Leverage is used, which is an efficient operation; The opportunity cost is low, and the remaining cash can be invested in other high-return projects; Banks and individuals share the risk, and in case of bad situation, they will only lose the down payment; Enjoy the benefits of interest tax exemption; Inflation is your friend. Your actual loan interest rate = book loan interest rate * (1-tax exemption rate)-inflation rate. If the loan interest rate is 6%, the inflation rate is 3%, and the interest tax-free return is 30%, your actual loan interest rate is only 1.2%. This is a secret formula that is hard to buy, remember. Note that the inflation rate should be subtracted instead of added. If the loan interest rate = inflation rate, you are borrowing money for nothing, which many people don’t understand. What kind of China people can borrow money to buy a house in the United States? China people who buy houses in the United States generally belong to these two identities, one is that they have no valid visa, no American income and no American credit, and the other is that they hold the following American visas (H1b, F1, H1c, H4, G1-G4, E1-E3, L1a, L1b, L2, P1, R1, TN, O-1). For foreigners who have no valid visa, no American income and no American credit to buy real estate, American retail banks generally do not accept loans because the risk of lending to this type of foreigners is relatively high.Freddie Mac and other government-sponsored housing loans will not be approved by the government, so only a small number of Portfolio Lender are willing to accept such China people’s mortgage applications; It is very convenient for China people who have valid visas in the United States to get loans in the United States. What are the types of housing loans? Types of basic housing loans: fixed-rate housing loans & adjustable-rate housing loans. Two different types of basic housing loans: fixed-rate housing loans, Chinese: fixed-rate loans, referred to as "FRMS"; Adjustable-rate Mortgage, Chinese: adjustable interest rate loan, referred to as "ARMs". The main difference between these two kinds of housing loans is how to determine the loan interest rate. Before adjustable-rate loans appeared, only fixed-rate loans existed. The term of fixed-rate loans is usually 15-30 years. Fixed-rate loan, as its name implies, means that the interest rate of the loan has been fixed for the duration of the loan.